There are 1 million shares outstanding with a current market value of $2 a share.
-Refer to the information above. Calculate the following ratios for Serendipity Imports:
Total liabilities-to-assets, based on book value, financial debt-to-capital, based on
book value, financial debt-to-capital, based on market value, and the interest coverage
ratio.

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The Answer of   There are 1 million shares outstanding with a current market value of $2 a share.
-Refer to the information above. Calculate the following ratios for Serendipity Imports:
Total liabilities-to-assets, based on book value, financial debt-to-capital, based on
book value, financial debt-to-capital, based on market value, and the interest coverage
ratio.

There Are 1 Million Shares Outstanding with a Current Market